Ally Financial Stock Surges as Company Beats Profit Estimates, Sells Credit Card Business
Ally Financial shares surged Wednesday after the financial firm topped earnings and revenue estimates as it cut costs, and announced it was selling its credit card business.
Consumer lender Ally Financial to sell credit card business to CardWorks
(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday. Shares of Ally jumped 8.6% in premarket trading.
4 Things To Consider When Choosing A Business Credit Card In 2025
A suggestion I frequently make to business owners who do not have an extensive history of paying back debt is to open a small business credit card.
Ally drops credit card business, posts quarterly profit
Auto lender Ally Financial said Wednesday that it's officially ending its foray into credit cards under a broader restructuring, even as credit issues in its flagship auto loan business showed signs of waning. Your complimentary guest account includes access to a limited number of articles.
Ally Offloads Credit-Card Business, $2.3 Billion Loan Portfolio
Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered just over three years ago.
Ally Financial To Sell Its Credit Card Business - Quick Facts
Ally Financial (ALLY) and CardWorks announced they have entered into a definitive agreement for CardWorks, and its wholly-owned bank
Ally Financial divests credit card business to CardWorks
This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, brokerage, and auto financing. CardWorks, with its 38-year history in credit and payments,
Ally and CardWorks Reach Agreement on Sale of Ally's Credit Card Business
Ally Financial Inc. (NYSE:?ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business,
Guide to business credit cards that report to Dun & Bradstreet—and why you should consider one
Ramp reviews how credit card providers report card activity to credit bureaus, why having a business credit card that reports to Dun & Bradstreet is important, explains how D&B determines your ...
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Best debt relief companies
Accredited Debt Relief, our top pick overall, also earns our recommendation as the best choice for cutting or zeroing out credit card debt. The company offers several solutions to tackle ...
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"Why Are So Many People Suddenly Switching To Cash Back Credit Cards?"
Cash back credit cards, like all credit cards, are harmful to small stores and restaurants. You should use cash whenever ...
How to keep high credit card rates and fees from bogging you down
However, some credit cards allow consumers to make over-the-limit purchases, which may sound great if you’re at your credit ...
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Travelers’ reward points and miles worth less; government agency warns company against devaluations
Travelers are discovering their points and miles aren't taking them as far as they used to. A government agency is now ...
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For Big Purchases, Swap BNPL for These Credit Cards With Longer Interest-Free Periods and Perks
You can earn greater rewards and avoid interest charges with introductory APR offers for your big-ticket purchases.
I put a $2,500 emergency car repair on my credit card 2 years ago, but I have since lost my job — I now owe over $4,900 with interest of 25%. How can I get out of thi…
Drowning in credit card debt? You have options, including a balance transfer, negotiating your debt, or pursuing credit ...